Business Secretary Kwasi Kwarteng travelled around Saudi Arabia on flights paid by energy giant Aramco

Kwasi Kwarteng MP, Secretary of State for Business, Energy and Industrial Strategy Ian Forsyth/Getty Images Business and Energy Secretary Kwasi Kwarteng received free hospitality from Saudi Aramco in January. Kwarteng was flown around Saudi Arabia, courtesy of the majority state-owned energy firm. Kwarteng lunched with Aramco executives, stayed at a company residence, and visited an…

CFPB fines Bank of America for faulty unemployment benefit fraud detection

Bank of America faces $100 million in fines over alleged mishandling of California residents’ unemployment benefits during the pandemic. Rhe CFPB’s and OCC’s fines should put banks on high alert that their fraud and risk controls are coming under close scrutiny. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Banking industry. Learn…

I flirted with the FIRE movement, but I dropped it when I realized there was a better option for my family

The author with one of her babies. Courtesy of Kelly Burch I found the Financial Independence/Retire Early movement captivating.  Then, I realized that the discipline needed to retire early would impact my lifestyle now.  I decided to prioritize flexibility while my kids are young. I clicked submit on the story I was writing and looked…

The highest savings account rates today: Online banks paying up to 1.85% APY

If you want to be proactive about your savings, a high-yield savings account could be a good choice for earning more interest on your money. A high-yield savings account pays more than traditional savings account, and many accounts have zero monthly services fees. Our best savings accounts guide and best high-yield savings account guide can…

A Russia-China gas pipeline will begin construction in 2024 while the EU signs a supply deal with Azerbaijan, reports say

Russian President Vladimir Putin with Chinese President Xi Jinping. RIA NOVOSTI/AFP via Getty Images A pipeline bringing gas from Russia to China will break ground in 2024, the Financial Times said. The Power of Siberia 2 pipeline will allow gas to flow through to China via territory in Mongolia. Meanwhile, the European Union signed a…

26 casual yet sweet gift ideas for new relationships that won’t feel over the top

When you buy through our links, Insider may earn an affiliate commission. Learn more. Not sure what to get your new partner? We’ve got you covered, from cute ways to celebrate your relationship to self-care items they’ll thank you for. Uncommon Goods; Otherland When you’re in a new, budding relationship, finding the perfect gift for…

A brain-computer startup beat Elon Musk’s Neuralink to implanting its first chip in a US patient

Elon Musk on March 9. Photo by Yasin Ozturk/Anadolu Agency via Getty Images Synchron implanted its first device into a US patient on July 6 in New York. The chip is designed to allow patients with severe paralysis to communicate using their thoughts. Elon Musk’s Neuralink has a similar mission, but has yet to receive…

Fauci says it’s ‘becoming more and more difficult to get people to listen’ because Americans are fed up with the COVID-19 pandemic and want it ‘behind them’

Dr. Anthony Fauci testifies on Capitol Hill on May 11, 2022. Alex Wong/Getty Images Anthony Fauci, who’s led the US response to COVID-19, said that it’s ‘more and more difficult’ to get Americans to listen.  “Even the people who are compliant want this [pandemic] behind them,” Fauci told Politico. Fauci said ‘simple’ steps like getting vaccinated…